Brazil: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Brazil

In 2022, the Brazilian paper bag machine market increased by 39% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a measured increase. Paper bag machine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Paper Bag Machine Production in Brazil

In value terms, paper bag machine production declined slightly to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 9% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Paper Bag Machine Exports

Exports from Brazil

In 2022, overseas shipments of machines for making bags, sacks or envelopes of paper or paperboard increased by 56% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 650% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, paper bag machine exports surged to $X in 2022. Overall, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 565% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Argentina (X units) and Paraguay (X units) were the main destinations of paper bag machine exports from Brazil, together comprising 93% of total exports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +22.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Germany ($X) and Chile ($X) appeared to be the largest markets for paper bag machine exported from Brazil worldwide, with a combined 93% share of total exports.

Argentina, with a CAGR of +22.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paper bag machine export price stood at $X per unit in 2022, jumping by 39% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 137% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (-4.7%), while the prices for the other major destinations experienced a decline.

Paper Bag Machine Imports

Imports into Brazil

In 2022, overseas purchases of machines for making bags, sacks or envelopes of paper or paperboard increased by 63% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 500%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, paper bag machine imports surged to $X in 2022. In general, imports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 748%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Japan (X units) were the main suppliers of paper bag machine imports to Brazil, together accounting for 97% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +5.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Brazil, comprising 61% of total imports. The second position in the ranking was held by China ($X), with a 28% share of total imports. It was followed by Japan, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.7% per year) and Japan (-14.0% per year).

Import Prices by Country

In 2022, the average paper bag machine import price amounted to $X per unit, jumping by 28% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 148% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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